我国上市公司盈余管理行为研究
本站原创 论文中文摘要：在我国资本市场中盈余管理(earnings management)是受到重视白勺永恒内容,其原因是“中国资本市场上盈余管理产生了充分白勺利益激励”,而且我国大部分国有上市公司背后都有一个国有控股公司“为各种手段白勺盈余管理提供了可能”。在这种特有白勺经济环境下“盈余管理在我国白勺资本市场上非常普遍”。因此,本文作者两年来一直关注该问题,并将其作为自己白勺硕士论文研究课题。本文通过回顾国内外学者对盈余管理问题白勺研究,总结目前盈余管理问题白勺研究成果,同时阐述对盈余管理问题研究白勺现实意义,并从辨析概念白勺角度出发,指出将盈余管理与会计或利润操纵混为一谈白勺传统观点白勺片面性。另外本文分别对公司进行盈余管理白勺动机、存在形式和识别方法进行深入探讨,并从中挖掘解决过度盈余管理白勺对策,通过以上白勺阐述和分析,本文对如何解决过度盈余管理行为问题提出作者自己白勺看法,并结合新会计准则白勺具体内容阐述其对上市公司盈余管理行为白勺影响
Abstract（英文摘要）：www.328tibet.cn The securities market is an important part of the contemporary economy and is the important tools that the market economy collocates the social resources. The listed companies, which are the model forms of the company system, play an important role in the securities market, the financial information especially the accounting earnings information of the listed companies is a very important and sensitive index, more and more policies, codes, and ordinances on the securities market regard directly or indirectly the accounting earnings as the assessing index, which makes the importance of the accounting earnings information more outstanding. In this condition, the administrators of the listed companies who know the true accounting earnings information would make earnings management for some purpose, which has become one of the focus concerned by investors, creditors, securities supervise sections, accounting standard formulating branches and taxation institutions during the development of the securities market.The subject of earnings management has been studied for more than twenty years in Western accounting theoretical circle. With the development of stock market and the surging of listed companies in our country, earnings management turned up in listed companies, which has became one of the new subjects of accounting theory. Earnings management has both positive and negative effects on our economy. However, earnings management has been abused in listed companies that its negative effect has already exceeded its positive effect. Hence earnings management has become one of the most important causes for accounting information distortion. In order to solve the problem of accounting information distortion and develop the stock market, it is necessary to probe into the issue of earnings management in listed companies. Considering this point, I tried to study the subject from several major perspectives.Earnings management is a kind of rational behior. Contracting frictions between listed companies and the other sides shows that behior of earnings management is inevitable. And asymmetrical information provides possibility. Besides those two points, listed companies also he a great diversity of motivations and ways. Based on analysis of cost and income of earnings management, it is out of question that income exceeds far from cost. As a result from Chinese specific issuing institution, qualifications of rationed share acquisition is a kind of scarce resource. Meanwhile, on condition of hing the right of qualification of rationed share acquisition, listed company can raise a considerable amount of capital, even exceeding the capital of initial public offering. Compared with income of enforcing earnings management, cost is relatively all.By positive studies, the phenomenon of earnings management of listed company is ubiquitous indeed. The listed companies, which attain the right of rationed share acquisition and oid being delisted due to a loss for the last 3 consecutive years, he the strongest motivation of manipulating the earnings. Major reasons are as follows: right of rationed share acquisition and secondary financing is an important scarce resource and has rich income, which correlates closely with Chinese specific securities issuing institution Anyway; it slowly becomes milder along with more perfect supervise institution. Chinese securities market is still an immature one and its institution constraints need further perfect. Institution evolution prompts information disclosure of listed company to change. It shows that abnormal react of listed company result from new institution enforcement. In general however, Chinese securities market increasingly trends towards maturity. And the decree, which China Securities Regulatory Commission enacts, is effective to add violation cost and has their power to deter.The thesis starts with defining of earnings management, and resolves its negative effect by probing modes of earnings management in existence. With analyzing GAAP enacted by Ministry of Finance, its positive effect has been discussed to earnings management.The conclusion of this article is: Earnings management is different from accounting concocting. Earnings management is legal behior, and it shows a powerful life-force. It has been a basic skill which managers in every big company needed. But it has dual character: Excessive earnings management is harmful to enterprises, to society, and to country. So how to keep watch excessive earnings management is very vital to the country supervise department.
论文关键词： 上市公司；盈余管理；利润操纵；公司治理；
Abstract（英文摘要）：www.328tibet.cn The securities market is an important part of the contemporary economy and is the important tools that the market economy collocates the social resources. The listed companies, which are the model forms of the company system, play an important role in the securities market, the financial information especially the accounting earnings information of the listed companies is a very important and sensitive index, more and more policies, codes, and ordinances on the securities market regard directly or indirectly the accounting earnings as the assessing index, which makes the importance of the accounting earnings information more outstanding. In this condition, the administrators of the listed companies who know the true accounting earnings information would make earnings management for some purpose, which has become one of the focus concerned by investors, creditors, securities supervise sections, accounting standard formulating branches and taxation institutions during the development of the securities market.The subject of earnings management has been studied for more than twenty years in Western accounting theoretical circle. With the development of stock market and the surging of listed companies in our country, earnings management turned up in listed companies, which has became one of the new subjects of accounting theory. Earnings management has both positive and negative effects on our economy. However, earnings management has been abused in listed companies that its negative effect has already exceeded its positive effect. Hence earnings management has become one of the most important causes for accounting information distortion. In order to solve the problem of accounting information distortion and develop the stock market, it is necessary to probe into the issue of earnings management in listed companies. Considering this point, I tried to study the subject from several major perspectives.Earnings management is a kind of rational behior. Contracting frictions between listed companies and the other sides shows that behior of earnings management is inevitable. And asymmetrical information provides possibility. Besides those two points, listed companies also he a great diversity of motivations and ways. Based on analysis of cost and income of earnings management, it is out of question that income exceeds far from cost. As a result from Chinese specific issuing institution, qualifications of rationed share acquisition is a kind of scarce resource. Meanwhile, on condition of hing the right of qualification of rationed share acquisition, listed company can raise a considerable amount of capital, even exceeding the capital of initial public offering. Compared with income of enforcing earnings management, cost is relatively all.By positive studies, the phenomenon of earnings management of listed company is ubiquitous indeed. The listed companies, which attain the right of rationed share acquisition and oid being delisted due to a loss for the last 3 consecutive years, he the strongest motivation of manipulating the earnings. Major reasons are as follows: right of rationed share acquisition and secondary financing is an important scarce resource and has rich income, which correlates closely with Chinese specific securities issuing institution Anyway; it slowly becomes milder along with more perfect supervise institution. Chinese securities market is still an immature one and its institution constraints need further perfect. Institution evolution prompts information disclosure of listed company to change. It shows that abnormal react of listed company result from new institution enforcement. In general however, Chinese securities market increasingly trends towards maturity. And the decree, which China Securities Regulatory Commission enacts, is effective to add violation cost and has their power to deter.The thesis starts with defining of earnings management, and resolves its negative effect by probing modes of earnings management in existence. With analyzing GAAP enacted by Ministry of Finance, its positive effect has been discussed to earnings management.The conclusion of this article is: Earnings management is different from accounting concocting. Earnings management is legal behior, and it shows a powerful life-force. It has been a basic skill which managers in every big company needed. But it has dual character: Excessive earnings management is harmful to enterprises, to society, and to country. So how to keep watch excessive earnings management is very vital to the country supervise department.
论文关键词： 上市公司；盈余管理；利润操纵；公司治理；